Word: amounting
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...months for fraudulent home-loan schemes. In South Florida alone, more than 100 people have been arrested since last September, including 19 just last week. In a study released in March by the Mortgage Asset Research Institute, Florida ranked first in the country in 2006 and 2007 for the amount of loans that were misrepresented...
...goal of this financial finagling: to pocket the difference between the $400,000 loan and the actual $216,000 purchase price, and then simply abandon the home and force the banks to foreclose - sticking them with property worth far less than the amount they had loaned. It was a textbook attempt to beat the system: fraudulent paperwork, straw borrowers, all concocted by real estate professionals...
...Unlike McCain, however, no amount of careful brand positioning will stop an Obama presidency from signifying undeniable and historic change: he would be the first black President, the first Democrat in the White House since Bill Clinton and the first President of his generation. He has already revolutionized the way people donate to, and help organize, campaigns. All of which means that Obama faces a unique political challenge. As he tries to maintain the fervent grass-roots enthusiasm that has gotten him this far while appealing to enough independents to take him to the White House, the Illinois Senator must...
...with too much debt ("Give the lenders back their own headaches"), there are plenty of people eager to hear more. For $695, the Walk Away Plan promises to extract homeowners from the agony of mortgages they can no longer afford or from houses now worth far less than the amount they owe. A similarly named outfit called You Walk Away croons on its website, "Before you know it, you will have this behind you and a fresh start!" Walking away is a popular phrase these days among real estate pros and ex--mortgage brokers looking to capitalize on slumping home...
...Health regulations allow for a certain amount of insect material in the food we eat. This suggests that most of us consume various bugs unwittingly throughout our lives. Even vegetarians must accept that they've probably eaten bits of insects in their salads. The sheer mass of insects on our planet makes them an ideal source of food. Certain insects are specified as kosher in the Bible. The term ant farm could one day take on a whole new meaning. Barbara Harwood, Auckland...